120 Speer Rd, Chestertown — tax account 1504020243
Commercial built in 1998, 9,533 ft² on 1.21 acres in Chestertown, Kent County, assessed at $1,278,000; last transfer December 23, 2025 for $1,100,000.
From the State Department of Assessments and Taxation file as published by the Maryland Department of Planning (MD iMAP) — not the official record. Open the official SDAT record.
Account
| Tax account number | 1504020243 |
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| Map, grid, parcel | Map 204 Grid 16 Parcel 245 · Lot 4 |
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| Location | 120 Speer Rd, Chestertown MD 21620 |
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| Jurisdiction | Kent County |
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| Plat | M2 75 |
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Land
| Land use | Commercial (C) |
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| Zoning | LI-1 |
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| Acreage | 1.210 acres (52,708 ft²) |
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Structure
| Year built | 1998 |
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| Above-grade area | 9,533 ft² |
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| Style | OFFICE Medical Office Building |
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| Building type | OFFICE Medical Office Building |
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| Construction | Vinyl |
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| Quality grade | 3 (on a scale of 1 to 9) |
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| Stories | 1 |
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| Units | 2 |
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Assessment — January 2024
| Land | $181,500 |
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| Improvements | $1,096,500 |
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| Total | $1,278,000 |
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Last transfer
| Date | December 23, 2025 |
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| Consideration | $1,100,000 |
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| Deed reference | liber 00503, folio 0094 |
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What this means
- Maryland reassesses each property every three years; increases are phased in over the following three years, and the Homestead Tax Credit caps the yearly increase on a principal residence.
- Assessed 338% above the median commercial account in Kent County ($292,000, 610 accounts).
- The last transfer price is 14% below the current assessment.
Parcel point of the Maryland Department of Planning — not a survey.
Data: Maryland Department of Planning / SDAT, MD iMAP Parcel Points, retrieved November 1, 2026. Sources and freshness. No owner names or mailing addresses are published.

The report for account 1504020243
This page shows the assessment record. The report adds what lies around the property: FEMA flood zone, Critical Area designation, wetlands, contaminated land sites nearby and historic properties.
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